Bialkowski, Jedrzej; Gottschalk, Katrin and Wisniewski, Tomasz Piotr
(2007).
| DOI (Digital Object Identifier) Link: | https://doi.org/10.1080/17446540701222359 |
|---|---|
| Google Scholar: | Look up in Google Scholar |
Abstract
Prior research documented that the US stock prices tend to grow faster during the Democratic than the Republican administrations. This article examines whether stock returns in other countries also depend on the political orientation of the incumbents. An analysis of 24 stock markets and 173 different governments reveals that there are no statistically significant differences in returns between left-wing and right-wing executives. Consequently, international investment strategies based on the political orientation of countries’ leadership are likely to be futile.
| Item Type: | Journal Item |
|---|---|
| Copyright Holders: | 2007 Taylor & Francis |
| ISSN: | 1744-6554 |
| Academic Unit/School: | Faculty of Business and Law (FBL) > Business > Department for Accounting and Finance Faculty of Business and Law (FBL) > Business Faculty of Business and Law (FBL) |
| Item ID: | 55394 |
| Depositing User: | Tomasz Wisniewski |
| Date Deposited: | 12 Jun 2018 10:48 |
| Last Modified: | 08 Dec 2018 09:20 |
| URI: | http://oro.open.ac.uk/id/eprint/55394 |
| Share this page: |     |
Metrics
Altmetrics from Altmetric | Citations from Dimensions |
CORE (COnnecting REpositories)
CORE (COnnecting REpositories)